As for now I rate the chances of winning the CL like this (I admit its still early to do so as we have new players who are yet to gel...)
1. Real Madrid - They remain hot favorites
2. Bayern Munich - They sacked Ancelotti after looking like a shadow of themselves in defeat to PSG but Bayern are Bayern and they should get back to be among the best
3. Barcelona - Yeah I think they were better attacking wise last season but they are more solid at the back now even if still there is much to do at the back..
4. PSG - They have the most frightening attack while their mid and defense are not that bad as well.. Should be a strong candidate...
5. Juventus - I rate our chances less than the other 4 for now because we are not as good attacking wise as the other 4 while our defense isnt solid as last year but it could all change with time.. (I dont take the 3-0 defeat to Barcelona into account as I expected us to lose this game..)
6. Man Utd - You can say Chelsea are the best in England but it seems to me Man Utd finally found their balance thrashing everything in their path..
7. Chelsea - You cant underestimate a team that is led by Conte..
8. Atl Madrid - I really dont see them doing anything but they are quite steady and competitive in CL so who knows...
The others such as Dortmund Monaco Porto City... I didnt mention them because they have like 1% or less chance winning the CL...
The things that could make the difference for us:
1. Dybala - Can he show his Serie A form in Europe and could he do it on a constant basis?!
2. Higuain - Can he regain his form and move more lightly and also can he not choke on big games?!
3. Defense - Can we become the frightening defense that we were before once again?!
4. Bentancur - How much can he develop this year?!
5. D.Costa&Bernardeschi - how good are they going to be?!
If all questions are answered positively we will fight it with Real once again for the CL title